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Altitude Capital Partners Acquires Multifamily Property In Streeterville, Chicago For $10.5M

Property Image
SOLD
$10,500,000
Kyle Stengle
Sean Sharko
Austin Weisenbeck

Illinois

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MultiFamily
Sold 11/17/2022
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Property Image
SOLD

Altitude Capital Partners Acquires Multifamily Property In Streeterville, Chicago For $10.5M

227 East Walton Place, Chicago, Illinois 60611, United States

See Similar Deals
MultiFamily
Sold 11/17/2022
Kyle Stengle
Sean Sharko
Austin Weisenbeck
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

Altitude Capital Partners has acquired a multifamily property located at 227 East Walton Place in the Streeterville neighborhood of Chicago. The property comprises 25 units, with each unit being valued at $420,000, resulting in a total sale price of $10,500,000. The transaction was facilitated by brokers Kyle Stengle, Sean Sharko, and Austin Weisenbeck from Marcus & Millichap.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,500,000
  • Address: 227 East Walton Place
  • Market: Streeterville, Chicago
  • Buyer: Altitude Capital Partners
  • Seller: Brad Management
  • Brokers: Kyle Stengle, Sean Sharko, and Austin Weisenbeck - Marcus & Millichap
  • Units: 25
  • Price Per Unit: $420,000

Kyle Stengle, Sean Sharko, and Austin Weisenbeck from Marcus & Millichap played a pivotal role in facilitating the transaction. Altitude Capital Partners successfully secured the property from Brad Management in this multifamily deal.

Players

Austin Weisenbeck
Marcus & Millichap
Austin Weisenbeck
51 deals$308.4M volume
BROKER
Sean Sharko
Marcus & Millichap
Sean Sharko
76 deals$407.7M volume
BROKER
Kyle Stengle
Marcus & Millichap
Kyle Stengle
43 deals$195.9M volume
BROKER
AP
Altitude Capital Partners
BUYER
M
Management
SELLER

Details

SOLD
IMAGE: Kyle Stengle, Austin Weisenbeck & Sean Sharko DATE: 11/17/2022 ADDRESS: 227 East Walton Place MARKET: Streeterville, Chicago ASSET TYPE: Multifamily BUYER: Altitude Capital Partners SELLER: Brad Management BROKERS: Kyle Stengle (@KSteng2),Sean Sharko (@Srshsrko) & Austin Weisenbeck - Marcus & Millichap (@MarcusMillichap_Chicago) SALE PRICE: $10,500,000 UNITS: 25 ~ PPU: $420,000

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